UFBU has issued a detailed circular regarding bipartite meeting held between IBA and UFBU at Mumbai on 7th Jan 2015. Relevant para from UFBU circular is reproduced below.
Quote
Pension related demands:
We also raised the issues relating to improvements in Pension related demands like 100% DA for pre-Nov. 2002 pensioners, family pension formula, periodical updation of pension, etc.
We also suggested that DA upto 4440 points for all pensioners should be merged with Basic pension and a uniform DA formula to be applicable to all pensioners. We also demanded extension of DA linked pension scheme for employees recruited after April 2010.
It was agreed to discuss all these issues further.
Pension related demands:
We also raised the issues relating to improvements in Pension related demands like 100% DA for pre-Nov. 2002 pensioners, family pension formula, periodical updation of pension, etc.
We also suggested that DA upto 4440 points for all pensioners should be merged with Basic pension and a uniform DA formula to be applicable to all pensioners. We also demanded extension of DA linked pension scheme for employees recruited after April 2010.
It was agreed to discuss all these issues further.
Unquote
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